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German parties agree deal to loosen debt limit, expand defense spending

IndiaTimes Friday, 14 March 2025
German lawmakers have reached a deal to exempt some defense spending from the debt rules, to boost the country's defenses amid U.S. security concerns. The agreement, which involves setting up a 500 billion euro investment fund, includes funding for defense, infrastructure, and climate-related projects. The deal now awaits parliamentary approval.
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News video: Germany's CDU and SPD reach historic debt deal to jumpstart defence spending

Germany's CDU and SPD reach historic debt deal to jumpstart defence spending 01:10

 Germany's CDU and SPD reach historic debt deal to jumpstart defence spending The agreement reached with the Greens would allow Germany to spend up to €1 trillion on defence and infrastructure over the next decade. READ MORE :...

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